Focus on Capturing Insights,
Not on Connecting Things,
To Attain IoT Value
#DataAnalytics
This SlideShare summarizes original and secondary research, and economic analysis to provide a roadmap for
maximizing value from IoT investments.
This will explain why the combination of edge computing/analytics and data center/cloud is essential to driving actionable insights that produce improved business outcomes.
Research includes 1,230 IT/OT executive respondents from
16 countries consisting of 7 IoT-intensive industries.
#DataAnalytics
The primary value that IoT creates is a
direct result of the data that can be
captured from connected things — and the
resulting insights that drive business
and operational transformation.
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IoT is an enabler of the Internet of
Everything (IoE) ecosystem, which
incorporates people in addition to
data, process, and things.
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The people component of
IoE typically fuels a variety of collaboration-
based solutions. IoT-driven solutions, on
the other hand, comprise data, process,
and things, but not people.
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When asked in which area the executives
needed to improve the most to make
effective use of IoT solutions,
40% said data.
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88% of surveyed executives say that
during the next 5 years, the IoT will impact
their amount of data traffic either
somewhat or significantly.
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When business processes align with new
IoT solutions, IoT delivers real value
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The Internet of Things (IoT) presents
private and public sector organizations
with an unprecedented opportunity
to drive new sources of value — including
the potential to automate up to
50 percent of manual processes.
IoT solutions have a growing role in
business transformation. Here’s how
the executives voted per industry:
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39%
15% 13% 13%8% 8% 5%
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This value will come to those who focus
on improving their data capabilities
(integration, automation, and analysis)
and overall process agility —
not to those who simply connect the
most devices to the network.
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Success requires new workforce skills,
effective teaming between IT and OT, an
extended partner ecosystem, and a
platform approach.
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Edge computing helps ensure that the right
processing takes place at the right time and place
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37% of surveyed executives say that
3 years from now, most data generated by
IoT solutions will be processed at the edge
(mobile devices, appliances, routers).
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When organizations optimize their
processes for IoT, they can achieve a
number of important business outcomes,
including:
• Enhanced quality of products and services
• Reduced costs with OpEx savings
• Improved decision-making
• Faster innovation
Learn more about how your business
can focus on capturing insights, not on
connecting things, to attain IoT value:
#DataAnalytics
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